Sherpa Signal

Unlock the names behind the moves
Bond movements are free to view. Subscribe to see which Market Signals are driving them.
Subscribe →
1D7D30D90D180D
AllUSDMEMGlobal
Net Market Signal Flow · As of Apr 23, 2026
SECTOR · TENOR · 1D Δ SHERPA SIGNAL FLOW

Where Sherpa Signals moved · 1D

Green is accumulating — risk‑on.  Red is distributing — stress.

TREASURYIG CORPHY CORPEM SOVEM CORPMUNIMBS
SHORT00000-30
INTERMEDIATE0000000
LONG0000000
LEGEND
accumulating ≥ 3
accumulating 1–2
distributing 1–2
distributing ≥ 3
Click any cell to drill into that cohort.
US · IG Corp
US investment-grade corporates
-$46.1M
1783 signals buying · 1103 selling · 2886 bonds
US · IG Corp · Short
US investment-grade corporates · 1-3y
+$45.1M
209 signals buying · 1124 selling · 1333 bonds
US · Treasury · Long
US Treasuries · 7y+
-$24.3M
7 signals buying · 90 selling · 97 bonds
US · Mixed
US multi-sector
-$21.8M
2318 signals buying · 4640 selling · 6958 bonds
US · Treasury · Short
US Treasuries · 1-3y
+$21.2M
59 signals buying · 2 selling · 61 bonds
US · IG Corp · Intermediate
US investment-grade corporates · 3-7y
+$21.0M
23 signals buying · 246 selling · 269 bonds
US · HY Corp
US high-yield corporates
+$20.8M
829 signals buying · 1026 selling · 1856 bonds
US · HY Corp · Narrow
US high-yield corporates · narrow index
-$7.6M
198 signals buying · 144 selling · 342 bonds

Top buyers

1D7D30D90D180D
BondActionFlowMarket Signals
South Carolina St Pub Svcs Aut
5.000% · 12/2030 · US · USD
Added
+$15.7M
3 signals
Fnma 30yr Umbs Super
5.500% · 09/2054 · US · USD
Added
+$16.2M
2 signals
At&t Inc
4.750% · 04/2033 · US · USD
Added
+$8.1M
8 signals
Bulgaria (republic Of) Mtn Regs
4.130% · 05/2038 · EUR
Added
+$638K
1 signal
San Diego Calif Uni Sch Dist
5.000% · 07/2031 · US · USD
Added
+$5.7M
1 signal
Triborough Brdg & Tunl Auth N
2.000% · 05/2028 · US · USD
Added
+$5.9M
2 signals

Top sellers

1D7D30D90D180D
BondActionFlowMarket Signals
Umbs 30yr Tba(reg A)
5.500% · 05/2026 · US · USD
Reduced
-$16.1M
4 signals
Lifepoint Health Inc 144a
11.000% · 10/2030 · US · USD
Removed
-$26.1M
5 signals
Spain (kingdom Of)
2.350% · 03/2029 · ES · EUR
Reduced
-$398K
1 signal
Croatia (republic Of) Regs
2.880% · 04/2032 · EUR
Reduced
-$375K
1 signal
American Express Company (frn)
4.420% · 04/2027 · US · USD
Removed
-$11.5M
1 signal
Korea (republic Of)
2.630% · 03/2055 · KRW
Reduced
-$315K
4 signals
Flow is the AUM-normalized par change in USD — what bonds Market Signals bought or sold beyond what their overall AUM growth or shrinkage explains. Movers ranked by cross-sectional z-score within their cohort.
Who's buying
See which Market Signals added a bond to their portfolio in the last day.
Who's selling
Track reductions and full exits — before they show up in the news.
Concentration signals
When multiple signals move the same bond on the same day, that's a pattern worth watching.